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Supply and Demand

GOLD Trending Higher - Can buyers push toward 3,238?OANDA:XAUUSD is trading within a well-defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation. The price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward the 3,238 target, which aligns with the channel’s upper boundary. As long as the price remains above this support zone, the bullish outlook stays intact. However, a failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a pullback toward the channel’s lower boundary. Remember, always confirm your setups and trade with solid risk management. Best of luck!
OANDA:XAUUSDLong
by TrendDiva
89
US DOLLAR at Key Support: Will Price Rebound to 103.350?TVC:DXY is currently testing a key support zone, an area where the price has previously shown strong bullish reactions. The recent price action suggests that buyers may step in and drive the price higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a bounce from this level. If buyers regain control, the price could move toward the 103.350 level. However, a breakout below this support would invalidate the bullish outlook, potentially opening the door for further downside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
TVC:DXYLong
by TrendDiva
47
ETHEREUM at Major Support: Bullish Rally Incoming?COINBASE:ETHUSD is on the verge of a major move. The price has reached a key support level that has historically triggered strong buying interest. This zone has acted as a demand area multiple times, increasing the likelihood of a bullish reaction if buyers step in once again. The market structure suggests that a confirmed bounce from this level could ignite a significant recovery. If bulls hold the support, the first upside target is $2,400, which represents a logical target for this setup. However, a sustained breakout beyond $2,400 could mark the beginning of a stronger rally, fueled by renewed buying momentum and increasing volume. Given the prolonged bearish move leading into this setup, a retracement here could turn into a larger trend shift. However, a clean breakdown below support would invalidate this bullish bias and open the door for further downside. 🚀 If this rally takes off, we could see COINBASE:ETHUSD reclaiming higher levels in the coming weeks. What are your thoughts? Drop them in the comments! 🚀
COINBASE:ETHUSDLong
by DanieIM
210
AUDCAD Discretionary Analysis: Next stop? Rock bottomIt’s more of a sixth sense (like when you just know your girlfriend's about to cancel plans). AUDCAD’s giving off that "Next stop? Rock bottom" kind of energy. I see it dropping hard, like it missed the elevator and took the shaft instead. If I’m right, I’ll be looking at some solid trades to take. If I’m wrong, well, I’ll just grab a coffee and wait for the next pair to make its move. Just my opinion, not financial advice.
Short
by davidavasalcai
27
THE KOG REPORT - NFPTHE KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. It’s been a decent week on the markets even with extreme movement we’ve managed to navigate the charts and end yesterday with a what looks like a full house of targets completed. For that reason, we have made the decision to not come back to the markets until next week. We’re sharing the levels, they are extreme, but it’s moving like there’s no tomorrow. Take it with a pinch of salt, less experienced traders, don’t even think about it. NFP and FOMC are the days most traders lose money and blow accounts, can you imagine what can happen during these market conditions. Key level here 3135 to 3140, price needs to break above and support to target 3155-65, which in this scenario can be broken so above that the extreme level 3190-95. Below, the break of 3110, this time could give us the breaker swing attempting to break and hold below 3000, this is what we ideally want to see, with price attempting to target that 3050 level again. If it plays it plays, we’ll watch and the better trade set ups will come next week. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
3
THE KOG REPORT - NFP UpdateEnd of day update from us here at KOG: An absolutely crazy day on the markets with Gold continuing the move it started and completing hopefully now at the extreme level we wanted on the KOG Report. Our indicators were screaming short, we obliged and then waited for the lower level to give us a 90pip bounce initially with the support still holding us up. We now have support below at 3020-18 which if broken can take us down into 3010 for another potential RIP, otherwise, resistance here stands at the 3050-55 level which if targeted will need to break to go higher! We're done for another successful week on the markets and will be back on Sunday for the KOG Report and our view for the week ahead. Wishing you all a great weekend and as always, trade safe. KOG's bias of the week: Bullish above 3040 with targets above 3091✅, 3097✅, 3101✅ and above that 3110✅ Bearish on the break of 3040 with targets below 3035✅, 3027✅, 3020✅ and below that 3010 RED BOXES: Break above 3095 for 3101✅, 3106✅, 3110✅ and 3120✅ in extension of the move Break below 3077 for 3070✅, 3066✅ and 3055✅ in extension of the move KOG
FX:XAUUSD
by KnightsofGold
4
BITCOIN Outlook: Watch for a Drop Toward $85100COINBASE:BTCUSD has reached a key resistance level, an area that has been a key point of interest where sellers have regained control, leading to notable reversals in the past. Given this, there is potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume. If the resistance level holds, I anticipate a downward move toward 85,100$, which represents a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains above it, the bearish outlook may be invalidated, leading to further upside. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management.
COINBASE:BTCUSDShort
by TrendDiva
33
USDCHF Approaching Major Support - Potential Reversal?OANDA:USDCHF is approaching a key support zone, marked by strong buying pressure. This area has historically served as a demand zone, suggesting the potential for a bullish reversal if buyers step in. The current market structure indicates that if the price confirms a rejection from this support zone, there is a high probability of an upward move. I anticipate that if buyers defend this level, the market may head higher toward the 0.87100 target, which represents a logical target within the current market structure. However, a break below this support would invalidate the bullish bias and could lead to further declines. If you have any thoughts on this setup or see an alternative perspective, feel free to comment!
Long
by DanieIM
19
EURUSD at Major Resistance: Will it Drop To 1.09000?OANDA:EURUSD reached a major resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past. This zone also aligns with prior supply areas where sellers have stepped in, making it a potential point of interest for those looking for short opportunities. Given its historical significance, how price reacts here could set the tone for the next move. If bearish signals emerge, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 1.09000 level. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for further upside. It's a pivotal area where price action will likely provide clearer clues on the next direction. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with a proper risk management. Best of luck!
Short
by TrendDiva
36
Panic Selling LINK? Here’s Your Master PlanBuckle up! LINK has been riding a relentless bearish trend for 113 days, ever since it kissed its peak of $30.94 back in December 2024. With economic uncertainty casting a shadow over the markets and fear gripping investors, the big questions loom: Is this the dip to buy while others panic-sell? Or is it wiser to sit on the sidelines? Let’s slice through the noise, dissect LINK’s chart like a seasoned pro, and uncover the setups that could turn this chaos into opportunity. Let’s dive in! The Big Picture: LINK’s Bearish Blueprint LINK is currently trading at $13, a far cry from its yearly open of $20. April has kicked off, and LINK has already surrendered the monthly open at $13.5, a critical level now acting as a brick wall overhead. Zooming out, the trend is unmistakably bearish: lower highs and lower lows dominate the chart. Adding fuel to the fire, LINK is languishing below the Point of Control (POC) at $14.32, derived from a 1.5-year trading range. This is a market screaming caution for bulls and whispering opportunity for bears, at least for now. But charts don’t lie, and they’re packed with clues. Let’s map out the key levels, pinpoint trade setups, and arm ourselves with a plan that’d make even the most seasoned traders nod in approval. Resistance Zones: Where Bears Sharpen Their Claws 1.) Resistance - The Golden Pocket ($13.6 - $13.7) Using the Fibonacci retracement tool on the latest downward wave, the golden pocket (0.618 - 0.65 Fib) aligns beautifully with the monthly open at $13.5. Oh wait there’s more, this zone overlaps with a Fair Value Gap (FVG), making it a magnet for price action. Trade Setup (Short): Entry: ~$13.5 (if price tests and rejects this zone). Stop Loss (SL): Above the recent swing high at $14.4. Take Profit (TP): First target at $11.85 (swing low), with a stretch goal at $11. Risk-to-Reward (R:R): A solid 2:1. The Play: If LINK crawls up to this resistance and gets smacked down, bears can pounce. Watch for rejection candles (e.g., shooting star, bearish engulfing) to confirm the move. 2. Key Resistance - Cloud Edge & VWAP ($15.74 - $16.5) The Cloud edge of my indicator sits at $15.74, while the anchored VWAP (from the $26.4 high) hovers at $16.5. A break above $16.5 would flip the script, snapping the bearish structure and signaling a potential trend reversal. Bullish Scenario: If bulls reclaim $16.5 as support, it’s a green light for a long trade. Until then, this is a fortress for bears to defend. The Play: No bullish setups here yet. Support Zones: Where Bulls Build Their Base 1.) Support - Swing Low ($11.85) This is the first line in the sand for bulls. A potential Swing Failure Pattern (SFP), where price dips below $11.85, sweeps liquidity, and reverses—could spark a long trade. The Play: Watch for a bullish reversal candle or volume spike here. 2.) Major Support Cluster - The Golden Zone ($10 - $11.85) This is where the chart sings a symphony of confluence: Swing Low: $11.85. POC: $11.33 (1.5-year trading range). Monthly Level: $11.02. Fib Retracement: 0.886 at $10.69 and 0.786 (log scale) at $10.77. Psychological Level: $10. Trade Setup (Long): Entry: Dollar-Cost Average (DCA) between $11.85 and $10. Stop Loss (SL): Below $10 Take Profit (TP): First target: $13.5 (monthly open), stretch goal: $20 (yearly open). Risk-to-Reward (R:R): A monstrous 6:1 or better, depending on your average entry. This is the kind of trade we are looking for! The Play: Patience is key. Wait for confirmation—think bullish engulfing candles, a surge in volume, or positive order-flow momentum. This isn’t a “hope and pray” trade; it’s a calculated ambush on the bears. Market Structure: Bears Rule, But Bulls Lurk Right now, LINK’s chart is a bear’s playground—lower highs, lower lows, and no bullish momentum to speak of. The $16.5 VWAP is the line in the sand for a trend shift, but until then, short trades take priority. That said, the $10 - $11.85 support zone is a coiled spring for bulls. If fear drives LINK into this range, it’s time to load the boat with longs—provided confirmation aligns. Your Trading Edge LINK’s 113-day bearish descent is a wild ride, but it’s not random chaos—it’s a roadmap. Bears can feast on rejections at $13.5 - $13.7 with a tidy 2:1 R:R short. Bulls, meanwhile, should stalk the $10 - $11.85 zone for a high-probability long with a 6:1+ R:R payoff. Whether you’re scalping the dips or swinging for the fences, these levels give you the edge to trade with confidence. So, what’s it gonna be? Short the resistance and ride the wave down? Or stack bids at support and catch the reversal of a lifetime? The chart’s laid bare—now it’s your move. Drop your thoughts below, and let’s conquer this market together! If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know, I’m here to break down the charts you want to see. Happy trading =)
Short
by SiDec
8
The path of NEIRO remains bearish (1D)First of all, it's important to understand that each group of cryptocurrency tokens follows a different path NEIRO falls into the meme coin category. The performance of Layer 1 coins or other groups may differ significantly from meme coins, so keep in mind that NEIRO’s path is not the same as that of all altcoins! Based on the point where we placed the red arrow on the chart, it seems that NEIRO's correction has started. This corrective phase appears to be a time-consuming and exhausting symmetrical correction. Currently, we seem to be in the middle of wave E. The drawn path is more schematic, just to help you visualize the number and size of the waves within this corrective pattern. The correction is expected to continue toward the lower green box, where this corrective phase is likely to end. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
GBPUSD Approaching Key Resistance - Will Sellers Step In?OANDA:GBPUSD is approaching a key resistance level, marked by significant selling pressure. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reaction if sellers step in again. The current market structure suggests that if the price confirms a rejection from this resistance level, there is a high probability of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 1.30950 level, which serves as a logical target within the current market structure. However, a break above this resistance would invalidate the bearish bias and could lead to further upside. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
25
USUAL ANALYSIS (8H)After wave A was completed, from the point where we placed the red arrow on the chart, it seems the price has entered wave B. Wave B is a bearish symmetrical wave, and it currently appears that we are in the early stages of wave I, which is a bearish wave. From the supply zone, we expect a rejection towards the Fibonacci levels of wave a to i, which corresponds to the green zone. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
SIREN buy/long setup (4H)It appears to be inside wave D, which is a symmetrical wave. At the bottom of the chart, there is a liquidity pool and a strong support zone. We’re looking for buy/long positions in the green zone. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
$AMD position trade idea LONG TERM weekly/monthlyNASDAQ:AMD has been weak for awhile on the weekly chart, but nothing lasts forever. This is a long position trade idea I have for myself, with the thesis that, long term, NASDAQ:AMD is reaching for $360ish over the next couple of years, based on fib projections from back when the bull market started years ago. NASDAQ:AMD briefly touched a premium zone months ago (red shaded area), and with the current weakness NASDAQ:AMD has been pulling back and just reached a short term discount zone around $109 (green shaded area). My expectation is that NASDAQ:AMD might drop a bit more into this zone, perhaps sweep under the lows at $93.12, reach a couple of projected targets for the short interest (that I have marked in red and orange lines), and then find support and bounce aggressively from there. This is all based on a pattern I frequently see where when a chart reaches the premium zone near the end of a move, it often pauses just shy of the target and feigns a reversal, falling back into the short term discount zone, often sweeping a low, and then aggressively pushing for the target that was intended all along. This serves to wash out any short term holders and deny them the full target, while offering good prices to the long term holders to reaccumulate before reaching their target. Seek professional investment advice elsewhere, this is not trading or investment advice, this is my own observations and how I intend to approach NASDAQ:AMD in this current price area. I will not be blindly buying anything and I always manage my risk in case I'm wrong.
NASDAQ:AMDLong
by easycators
7